Bitcoin to USD

mas
Posts: 141
Joined: Mon Apr 10, 2017 10:39 am

Bitcoin to USD

Thu May 04, 2017 8:22 am

What determines the exchange rate of Bitcoin in USD?
zach
Posts: 253
Joined: Wed Apr 19, 2017 7:18 am

Re: Bitcoin to USD

Thu May 04, 2017 12:54 pm

Same as most exchange rates i.e. By the market trends and the general population offering to buy and sell Bitcoin for USD.
azimiballer
Posts: 171
Joined: Wed May 03, 2017 7:31 am

Re: Bitcoin to USD

Tue Aug 29, 2017 5:21 am

Two factors help to determine the exchange rate,
- market trends
- the amount of people buying and selling bitcoins for USD.
zach
Posts: 253
Joined: Wed Apr 19, 2017 7:18 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:09 pm

There are two main factors which regulate the exchange rates mostly;
Market trends of any cryptocurrency are the first factor and percentage of people get utilized by these digital coins.
dynastyQB
Posts: 204
Joined: Wed May 03, 2017 7:17 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:10 pm

Number of users of bitcoin and its market trend determine the exchange rate, and we have the coins
dynastyQB
Posts: 204
Joined: Wed May 03, 2017 7:17 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:11 pm

Why are you thinking about Bitcoin’s exchange rate, you have coins? It’s amazing, just cool down and enjoy your life.
Hart
Posts: 138
Joined: Sat Apr 08, 2017 8:33 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:11 pm

If you want to know about the exchange rates, you need to know about its factors, on which factors it depends, what is the procedure and how it can control the factors. Two factor drops heavy effect on an exchange rate; market trend and number of users who buy and sell the coins
sacquire
Posts: 105
Joined: Wed Apr 26, 2017 8:46 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:12 pm

I didn’t get what you are talking about. Will you elaborate it more?
faran
Posts: 151
Joined: Wed Apr 19, 2017 7:23 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:12 pm

I think is depend on the number of users and demand
mrShakehands
Posts: 123
Joined: Wed May 03, 2017 7:43 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:13 pm

I am not sure about, but its depend on the availability of coin in the market and its usage.
mas
Posts: 141
Joined: Mon Apr 10, 2017 10:39 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:13 pm

Typically, we are considered two factors regarding this, coin’s circulation and number of available users
paranoidGlitch
Posts: 256
Joined: Wed May 03, 2017 7:38 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:14 pm

It all about blla blla blla…... users’ demand decides the rate simple.
reebrilliant
Posts: 208
Joined: Wed Apr 26, 2017 8:37 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:14 pm

Do you need any babysitter? It is quite simple that Bitcoin’s users have enough capacity to regulate the exchange rate.
rooney
Posts: 118
Joined: Thu Apr 06, 2017 8:49 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:15 pm

Bitcoin and its protocol are regulated by its clients, there is no third party to involve in a protocol and regulate it.
mig
Posts: 129
Joined: Wed Apr 19, 2017 7:25 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:16 pm

I don’t know
myloman
Posts: 103
Joined: Wed May 03, 2017 7:26 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:16 pm

I don’t have enough time to know about it. I just have the concern with my Bitcoins.
Reynolds
Posts: 129
Joined: Fri Apr 07, 2017 10:44 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:17 pm

It’s very difficult to know which factors determines the exchange rate
lucas
Posts: 129
Joined: Thu Apr 06, 2017 8:45 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:17 pm

I am not interested to know about it, if you want to know it, you need to read it in details. Then ask a question
bravure
Posts: 190
Joined: Wed Apr 26, 2017 8:39 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:18 pm

I didn’t have an idea, I just buy or sell, don’t know about which circumstances who determines the rates.
chrome47
Posts: 108
Joined: Wed May 03, 2017 7:33 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:19 pm

Number of buyers and seller plus market demand regulate the coin’ exchange rate.
edward
Posts: 125
Joined: Thu Apr 06, 2017 8:11 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:19 pm

No idea
dove
Posts: 114
Joined: Tue Aug 22, 2017 12:32 pm

Re: Bitcoin to USD

Sat Sep 09, 2017 12:20 pm

If you get the proper answer, tell me also
itsbriskbaby
Posts: 131
Joined: Wed May 03, 2017 7:34 am

Re: Bitcoin to USD

Sat Sep 09, 2017 12:21 pm

Bitcoin has a vast majority; a large number of users deal with Bitcoin on daily basis. Then usage tendency determines the value.

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